Get Raipur Silver (RAIP-XAG) prices using this API

Introduction

In the ever-evolving landscape of precious metals trading, obtaining accurate and real-time data is crucial for investors, traders, and developers alike. One such valuable asset is Silver, represented by the symbol XAG. This blog post delves into the intricacies of the Metals-API, a powerful tool that provides real-time and historical data on various metals, including Silver. We will explore the markets surrounding Silver, its industrial applications, and how the Metals-API can be leveraged to access vital information efficiently.

Metals-API Information

About Silver (XAG)

Silver, known for its lustrous appearance and versatility, plays a significant role in various industries. Its industrial applications range from electronics to solar energy, where it is used in photovoltaic cells. The demand for Silver has surged due to its unique properties, making it an essential component in modern technology. Innovations in manufacturing processes, such as smart manufacturing and supply chain technology, have further enhanced the efficiency of Silver production.

The digital market analysis of Silver indicates a growing trend in its investment as a hedge against inflation and economic uncertainty. As more investors turn to Silver, understanding its market dynamics becomes imperative. The integration of technology in manufacturing and trading processes has transformed how Silver is sourced, processed, and traded, making real-time data access more critical than ever.

API Description

The Metals-API is designed to empower developers with real-time metals data, enabling them to build next-generation applications. This API provides a comprehensive suite of endpoints that allow users to access the latest rates, historical data, and various other functionalities related to precious metals.

With the Metals-API, developers can harness the power of real-time data to create applications that cater to traders, investors, and analysts. The API's capabilities extend beyond mere data retrieval; it offers transformative potential for integrating metals data into various applications, enhancing decision-making processes, and optimizing trading strategies.

Key Features and Endpoints

The Metals-API boasts a wide array of endpoints, each serving a unique purpose. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Silver and other metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for traders who need up-to-the-minute pricing information.
• Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This feature is invaluable for analyzing market trends and making informed investment decisions.
• Bid And Ask Endpoint: Retrieve real-time bid and ask prices for Silver and other metals, allowing traders to gauge market sentiment and make timely trades.
• Convert Endpoint: This endpoint enables users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions across different currencies.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, providing insights into price movements over time.
• Fluctuation Endpoint: Track how Silver and other metals fluctuate on a day-to-day basis, helping traders understand market volatility.
• Carat Endpoint: Retrieve information about Gold rates by Carat, which is useful for jewelers and investors in the jewelry market.
• Lowest/Highest Price Endpoint: Get the lowest and highest prices for Silver over a specified period, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is crucial for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
• API Key: Your unique API key is essential for accessing the API, ensuring secure and authorized usage.
• API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
• Available Endpoints: The Metals-API includes 14 endpoints, each designed to provide specific functionalities for users.
• Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their expected responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1761609666,
    "base": "USD",
    "date": "2025-10-28",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "XCU": 0.294118,
        "XAL": 0.434783,
        "XNI": 0.142857,
        "XZN": 0.344828
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1761523266,
    "base": "USD",
    "date": "2025-10-27",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-21",
    "end_date": "2025-10-28",
    "base": "USD",
    "rates": {
        "2025-10-21": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-23": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-10-28": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761609666,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-21",
    "end_date": "2025-10-28",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        },
        "XAG": {
            "start_rate": 0.03825,
            "end_rate": 0.03815,
            "change": -0.0001,
            "change_pct": -0.26
        },
        "XPT": {
            "start_rate": 0.000915,
            "end_rate": 0.000912,
            "change": -3.0e-6,
            "change_pct": -0.33
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1761609666,
    "base": "USD",
    "date": "2025-10-28",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        },
        "XAG": {
            "open": 0.03825,
            "high": 0.0383,
            "low": 0.0381,
            "close": 0.03815
        },
        "XPT": {
            "open": 0.000915,
            "high": 0.000918,
            "low": 0.00091,
            "close": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1761609666,
    "base": "USD",
    "date": "2025-10-28",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        },
        "XPT": {
            "bid": 0.000911,
            "ask": 0.000913,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Conclusion

The Metals-API is an invaluable resource for developers and traders seeking to access real-time and historical data on Silver and other precious metals. With its comprehensive suite of endpoints, the API empowers users to make informed decisions based on accurate market data. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance trading strategies, optimize investment decisions, and provide valuable insights into the metals market.

For more information on how to utilize the Metals-API effectively, refer to the Metals-API Documentation and explore the extensive range of supported symbols on the Metals-API Supported Symbols page. Embrace the power of real-time metals data and transform your trading experience today!